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International
Pompeo’s Guyana agenda: Infrastructure investments, fighting narco-trade, Venezuela
President Irfaan Ali and U.S. Secretary of State Mike Pompeo will Friday sign an agreement that will “permit Guyana to improve its investment enabling environment so that the country can benefit from transparent infrastructure investment…
Oil money to be protected from political interference, squandering and misuse – Bharrat
Minister of Natural Resources Vickram Bharrat has told regional oil executives that Guyana intends to manage its oil wealth with strict adherence to transparency, accountability and securing benefits for all Guyanese.
Minister Bharrat…
BREAKING: ExxonMobil makes another oil find
See below full statement from ExxonMobil:
ExxonMobil Announces Redtail Discovery Offshore Guyana
Oil discovery is 18th offshore Guyana; follows discovery at Yellowtail-2
Adds to previous estimate of more than 8 billion barrels of…
Local business community, foreign investors assured of new policies, trade opportunities under PPP…
Local businesses and foreign investors on Monday received a commitment from the Ministry of Foreign Affairs and International Cooperation that irritants affecting the business community and foreign investors will be addressed to allow for a…
ExxonMobil backpedals after Guyana boss says it can move its money elsewhere over delay in…
ExxonMobil’s new Guyana boss Alistair Routledge was Wednesday evening forced to issue a clarification of his comments at a press conference earlier when he said the company could take its money elsewhere if its third development project,…
ExxonMobil says fully committed to Guyana
The local office of ExxonMobil on Wednesday evening issued the following statement on delays regarding Payara, its third development project Guyana:
ExxonMobil Guyana President Alistair Routledge was asked by media today about delays for…
ExxonMobil says it can take its money elsewhere if Payara plan not approved soon
ExxonMobil can take its money elsewhere if it the Payara plan, its third development project, is not approved in a timely manner, the company’s Guyana country manager Alistair Routledge said Wednesday.
“The Guyana portfolio is one of the…
Chinese company takes over Guyana Goldfields; commits to employing over 200 locals
A Chinese mining company – Zijin Mining Group Co., Ltd. –has successfully acquired the operations of Guyana Goldfields Inc. (GGI) and has committed to employing between 200 to 300 Guyanese workers.
Canadian-owned GGI owns the Aurora Gold…
Review of Exxon’s third development project will be done by international experts
See below full statement issued by the Ministry of Natural Resources:
The Ministry of Natural Resources recently announced the review of the Esso Exploration and Production Guyana Limited’s (EEPGL) Payara contract and, in the interest of…
Germany seizes 1.5 tons of cocaine found in shipment from Guyana
A reported tip off has led police authorities in Hamburg, Germany to seize over €300 million worth of cocaine in a cargo ship container that originated from Guyana.
This is one of the largest quantities ever seized in the northern German…
